Clifford Chance

FCA calls for information on insurers' use of big data

27 November 2015

The Financial Conduct Authority (FCA) has issued a "call for inputs" to gather information on how "big data" is used in the general retail insurance sector. While not inevitable, there is a significant possibility that the exercise will lead to more detailed scrutiny in the form of a market study.  Engagement with the FCA at this stage may allow insurers to shape and streamline the issues (if any) that the FCA decides to take further.

Download our briefing on the issues that the FCA would like to understand, and our comment.

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